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Sharp disagreements over economy threaten Federal Reserve interest rate cut

What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn infla ... Read More

Trump slams ‘fake’ polls on economy, says Americans are living through ‘the greatest economy ever’

President Trump dismisses economic worries and "fake polls" in a Fox News interview, as recent surveys show deep American pessimism about the economy ... Read More

Fed struggles to assess state of US economy as government shutdown shuts off key data

When it comes to setting monetary policy for the world’s largest economy, what data drives decision-making? In ordinary times, Federal Reserve Chair Jerome Powell and voting members of the Federal ... Read More

What today's inflation report says about the economy — and Social Security checks

Because of the shutdown, the federal government is belatedly releasing new Consumer Price Index numbers, which the Social Security Administration needs to adjust for next year's benefits. Well, much ... Read More

Government shutdown standoff could trim $14 billion from GDP, CBO warns

FIRST ON FOX: The U.S. economy could lose up to $14 billion in economic growth due to the ongoing government shutdown, a new analysis said Wednesday. The nonpartisan Congressional Budget Office (CBO) ... Read More

US government shutdown will inflict temporary pain to economy

WASHINGTON (Reuters) -A prolonged shutdown of the U.S. government amid a standoff over funding between Republicans and Democrats in Congress could dent economic growth in the fourth quarter, but much ... Read More

Could the government shutdown tip the US into a recession? Experts weigh in

The U.S. economy remains largely unscathed but pressure could mount. The U.S. economy remains largely unscathed by the government shutdown, but the nation could risk economic peril if the impasse ... Read More

Government shutdown latest: Longest stoppage in history ends as focus turns to tallying economic costs

President Trump signed legislation Wednesday evening to end the federal shutdown after a record-long 43-day stoppage. Government employees began resuming work Thursday, though a full recovery from the ... Read More

Investing legend Mohamed El-Erian says he's kept up at night by 2 big problems with the US economy

Weakness among lower-income Americans could spread and "contaminate" other parts of the US economy, El-Erian warned. Read More

The government shutdown could cost the U.S. economy up to $14 billion, new report says

The National Gallery of Art in Washington is closed during the U.S. government shutdown. (Brendan Smialowski/AFP via Getty Images) The U.S. economy could lose between $7 billion and $14 billion as a ... Read More

Government shutdown could cost U.S. economy as much as $14B in Q4, CBO says

The shutdown of the U.S. government, now nearly a month long, could reduce annualized Q4 GDP growth by 1 to 2 percentage points from where it normally would have been, then would jump higher once the ... Read More

The government shutdown is reaching a tipping point that could send the economy into a downward spiral

Federal workers missing paychecks, risks to SNAP benefits and companies waiting on permits are creating dangerous economic conditions as the second-longest shutdown in history drags on The economic ... Read More